With the S&P 500 and Nasdaq Composite at All-Time Highs, Is Now the Worst Time to Buy Stocks in History?
With the major indices knocking on the door of new all-time highs, investors may be wondering if it's a bad time to buy stocks. After all, the Nasdaq Composite has nearly doubled over the last five years, and the S 500 is up 73%.
It's been a particularly strong hot streak over the last 16 months or so, with the Nasdaq up over 50% since Dec. 31, 2022, and the S 500 up 32%. And while it's true that stock prices are outpacing earnings growth, that doesn't necessarily mean you should smash the sell button and run for the exits.
Here's an important lesson on how to view a stock's price, and why Microsoft (NASDAQ: MSFT) is a good example of a company that is a great buy despite being worth more now than at any point in its history.
Source Fool.com
Microsoft Corp. Stock
€383.60
0.250%
The stock is one of the favorites of our community with 101 Buy predictions and 2 Sell predictions.
With a target price of 410 € there is a slightly positive potential of 6.88% for Microsoft Corp. compared to the current price of 383.6 €.
